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RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Manufacturing

16 April, 2018

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Alok Industries Ltd, which is undergoing insolvency proceedings, said on Monday a committee of its creditors hasn't approved any resolution ......

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

General

06 April, 2018

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank Ltd, may buy a 15% stake in ......

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

Manufacturing

28 March, 2018

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

UltraTech Cement Ltd on Wednesday said that it has obtained the Competition Commission of India's approval for its $1.1 billion ......

Bankrupt Murli Industries' creditors approve acquisition plan by Dalmia Bharat

Manufacturing

21 December, 2017

Bankrupt Murli Industries' creditors approve acquisition plan by Dalmia Bharat

The plan submitted by Dalmia Bharat Ltd for acquiring debt-laden Murli Industries Ltd has been approved by Murli’s creditors.Murli Industries ......

HNIs led by Netmagic's Sanghi eye Jyoti Structures; Anicut backs Bira 91

General

15 December, 2017

HNIs led by Netmagic's Sanghi eye Jyoti Structures; Anicut backs Bira 91

Sharad Sanghi, the founder of Netmagic, has joined hands with a group of ultra-high-net-worth individuals to become the sole bidders ......

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Former disputes partner at Khaitan Legal forms litigation advisory firm

People

28 November, 2017

Former disputes partner at Khaitan Legal forms litigation advisory firm

The former partner of dispute resolution at law firm Khaitan Legal Associates has set up his own boutique law firm, ......

China Development Bank drags RCom to bankruptcy court

TMT

27 November, 2017

China Development Bank drags RCom to bankruptcy court

Barely a month after debt-laden Reliance Communications Ltd scrapped its merger with rival Aircel, China Development Bank (CDB), one of ......

Super-Max promoters approach tribunal against PE backer Actis

Manufacturing

13 November, 2017

Super-Max promoters approach tribunal against PE backer Actis

Mumbai-based razor blade manufacturer Super-Max Group has approached the Mumbai bench of National Company Appellate Tribunal against its private equity ......

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Andhra Bank files bankruptcy case against Mumbai realtor

Infrastructure

30 October, 2017

Andhra Bank files bankruptcy case against Mumbai realtor

Public sector lender Andhra Bank Ltd has moved the Mumbai bench of the National Company Law Tribunal, the designated court ......

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NCLT admits Alchemist ARC's insolvency case against Nagpur power company

Infrastructure

25 October, 2017

NCLT admits Alchemist ARC's insolvency case against Nagpur power company

The Mumbai bench of National Company Law Tribunal has admitted an insolvency application filed by Alchemist Asset Reconstruction Company Ltd ......

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